Association for Sustainable and Responsible Investment in Asia
Press releases & notable news
Pension Investors Unveil Environmental Real Estate Index
Date: January 28, 2010
(IPE.com) - A study conducted on behalf of three major European pension investors has led to the launch of a global Environmental Real Estate index, after evidence showed few property managers meet the global standards pension funds expect when it comes to tackling environmental issues.
Research commissioned by asset managers APG and PGGM and [ASrIA member]Universities Superannuation Scheme found many property companies and fund managers are not actively managing environmental issues in their real estate portfolios, even though research suggests environmental performance is “significantly and positively related with return on assets”.
For the IPE article, visit:
http://www.ipe.com/news/pension-investors-unveil-environmental-real-estate-index_33878.phpDownload the environmental performance report summary at:
http://www.corporate-engagement.com/download.php?publicationID=500506